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I am concerned about two things seldom discussed by people who endorse increasing tax revenues in ways like this. 1) I don't like unelected, global, IGOs who h
by onetimeusename 5y ago
I am concerned about two things seldom discussed by people who endorse increasing tax revenues in ways like this.
1) I don't like unelected, global, IGOs who have powers over citizens without citizens' consent, such as forcing a tax increase in tax havens which crushes local autonomy in those places. The US can do this by embargoing a tax haven.
Imagine if you are a resident and business owner in Monaco, etc., who is now facing an increase in corporate tax that is only necessary because the US decided to threaten sanctions against your country to make it less attractive to (ostensibly) US corporations. You could make a moral argument about what tax revenue should be but I don't think it's moralistic because of my next point.
2) No one ever discusses fiscal responsibility or whether tax revenue is well spent. The solution is always to increase taxes or to increase the power to collect taxes.